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People人 物17was packed. “It is hard to describe howthe four of us felt standing on that stagein front of a judging panel comprised ofthe elites of the financial world,” saysSophia. “It was really an unforgettableexperience. We achieved something thatmost people will never achieve in theirlifetimes.”As they had done in the twoprevious rounds of the competition, theHKBU team triumphed over their U.S. &European competitors to take the GlobalInvestment Research Challenge.( 左 起 ) 張 文 蔚 、 李 麗 兒 、 袁 麗 鈴 和 周 文 泰 在 全 球 投 資 分 析 比 賽 中 勇 奪 全 球 總 冠 軍(From Left) Sophia Zhang, Amy Lee, Angela Yuen and Andy Chau scoop the championship in the GlobalInvestment Research ChallengeFinance and Decision Sciences, good,honest team work proved central totheir success. “Whenever one of theteam encountered a difficulty, the teamtook responsibility regardless of whomade the mistake. The team’s successcame before individual achievement.”During the competition, participatingteams were required to analyse thebuy (sell) rating of a public tradedcompany. The HKBU team analysed thefuture development of China MobileLimited (CML), specifically exploringthe possible impact on CML posedby the restructuring of the Mainland’stelecommunication industry.© 2008, The Nasdaq Stock Market, Inc. Reprinted with permission.on the company of restructuring of theMainland’s telecommunication industrymight not be as negative as anticipated,and the future prospects of CMLremain optimistic. Hence, their analysisconcludes that the current stock price ofCML could be undervalued.The New York showdownIn the first two rounds of thecompetition in Hong Kong, the team wasquite relaxed and enjoyed it as if it werea game. But it was a different story inthe final round in New York, “We feltnervous as we started to rehearse andprepare for the presentation,” says Amy.As winners, the HKBU team wereinvited to preside over the closing bellof the NASDAQ trading day on 2 May.Sophia describes this as “a wonderful andunforgettable experience... Not only is itunheard of to see Hong Kong studentshaving such an opportunity; it’s actuallyrare to see Chinese faces presiding overthe closing bell.”HKBU team extends their gratitudeto their advisors from the School ofBusiness, in particular Dr. AlexanderFung. Team member Andy Chau, whois also President of the HKBU’s StudentInvestment Club said, “Our sinceregratitude goes to HKBU for settingup the Investment Club which givesus invaluable hands-on experience ininvestment. With academic knowledgeas our backup, we can flexibly put intopractice what we have learnt.”“In analysing the stock, we read alot of news and information about thecompany. This gave us an understandingof how it is managed, its cost structureand development prospects, from thiswe were able to forecast its value,” saysSophia.Their analysis reveals that the impact“What’s more,” says Professor Ho,“Our competitors this time in NewYork were champions from the U.S. andEurope, and most of them were MBAstudents. Only the HKBU team wascomprised of purely BBA students.”The competition was held at theheadquarters of Reuters and the venue浸 大 工 商 管 理 學 院 四 名 學 生 於 二 零 零八 年 五 月 一 日 締 造 歷 史 , 在 美 國 紐 約 舉行 的 全 球 投 資 分 析 比 賽 中 , 擊 敗 歐 美 大學 的 代 表 隊 伍 , 勇 奪 全 球 總 冠 軍 。這 四 位 精 英 隊 員 分 別 是 會 計 及 法 律 系三 年 級 的 張 文 蔚 、 財 務 及 決 策 學 系 三 年級 的 周 文 泰 和 李 麗 兒 , 以 及 市 場 學 系 三年 級 的 袁 麗 鈴 。